Waec Model Questions Vol1 2018 Economics Question 27
Practice objective / multiple choice question 27 from the 2018 Waec Model Questions Vol1 Economics examination.
A country has a labour force of 20 million people and an unemployment rate of 12 %. Of the unemployed, 40 % are structural, 35 % are frictional and the remainder are cyclical. The government introduces a training programme that reduces structural unemployment by 25 % and frictional unemployment by 10 % (both reductions are measured on the original numbers). Assuming the labour force remains unchanged, what is the new unemployment rate (expressed to one decimal place)?
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About This Question
This is Waec Model Questions Vol1 2018 Economics Question 27. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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